NOT LISTED FOR SALE

5 School St Unit 3 Salem, MA 01970

North Salem Neighborhood

Estimated Value: $451,000 - $555,000

2 Beds
2 Baths
1,134 Sq Ft
$433/Sq Ft Est. Value

About This Home

This home is located at 5 School St Unit 3, Salem, MA 01970 and is currently estimated at $490,467, approximately $432 per square foot. 5 School St Unit 3 is a home located in Essex County with nearby schools including Bates Elementary School, Saltonstall School, and Carlton Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2016
Sold by
Sweeney Michele M
Bought by
Locke Timothy G
Current Estimated Value
$490,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Outstanding Balance
$166,520
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$323,947

Purchase Details

Closed on
Jan 31, 2007
Sold by
Prokopy Martha C
Bought by
Sweeney Michele M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,920
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 1997
Sold by
Mielcarz Irene J
Bought by
Prokopy Martha C and Prokopy John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Locke Timothy G $260,000 --
Sweeney Michele M $219,900 --
Prokopy Martha C $114,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Locke Timothy G $208,000
Previous Owner Prokopy Martha C $168,600
Previous Owner Prokopy Martha C $175,920
Previous Owner Prokopy Martha C $76,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,479 $395,000 $0 $395,000
2024 $4,317 $371,500 $0 $371,500
2023 $4,535 $362,500 $0 $362,500
2022 $4,367 $329,600 $0 $329,600
2021 $4,255 $308,300 $0 $308,300
2020 $4,138 $286,400 $0 $286,400
2019 $4,063 $269,100 $0 $269,100
2018 $3,868 $251,500 $0 $251,500
2017 $3,848 $242,600 $0 $242,600
2016 $3,631 $231,700 $0 $231,700
2015 $3,640 $221,800 $0 $221,800
Source: Public Records

Map

Massachusetts Essex County Salem 01970 North Salem

5 School St Unit 3, Salem, MA

This home is located at 5 School St Unit 3, Salem, MA 01970 and is currently estimated at $490,467, approximately $432 per square foot. 5 School St Unit 3 is a home located in Essex County with nearby schools including Bates Elementary School, Saltonstall School, and Carlton Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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